Quanta Services

(c) On February 10, 2022, the Compensation Committee of the Board of Directors of the Company adjusted the compensation of Mr. Probst following his appointment as Chief Operating Officer of the Company, increasing his annual base salary to $800,000, annual cash incentive target to 110% of his annual base salary and long-term equity incentive target to 350% of his annual base salary. The changes to Mr. Probst’s compensation arrangement are effective as of January 26, 2022, the date of his appointment.

(b)(c) On January 26, 2022, the Board of Directors of Quanta Services, Inc. (the “ Company ”) appointed Redgie Probst as Chief Operating Officer of the Company. Mr. Probst, 45, previously served as the Company’s President – Electric Power Division since March 2019. Descriptions of Mr. Probst’s experience, compensation arrangement and the Company’s standard indemnification agreement for officers, as well as transactions between Mr. Probst and the Company that are required to be reported under Item 404(a) of Regulation S-K, are set forth in the Company’s definitive proxy statement for the 2021 annual meeting of stockholders, which was filed with the Securities and Exchange Commission on April 16, 2021, and such information is incorporated herein by reference. There are no arrangements or understandings between Mr.

(d) On July 13, 2021, pursuant to the authority granted to the Board of Directors (the “ Board ”) of Quanta Services, Inc. (the “ Company ”) by the Bylaws of the Company, as amended and restated, the Board increased the size of the Board from nine to ten directors and, upon the recommendation of the Governance and Nominating Committee of the Board, elected Holli C. Ladhani to serve as a director, filling the vacancy. Ms. Ladhani will serve as a director until the Company’s next annual meeting of stockholders or until her earlier resignation or removal or when a successor is duly elected and qualified. Ms. Ladhani has not been appointed to any committees of the Board. Ms. Ladhani will be compensated according to the terms of the Company’s current non-employee director compensation program and will enter into the Company’s standard indemnification agreement for directors and officers.

(b)(c) On May 27, 2021, the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company” or “Quanta”) appointed Paul M. Nobel as Chief Accounting Officer of the Company, and in this capacity he will serve as the Company’s principal accounting officer. Prior to such appointment, the principal accounting officer role was performed on an interim basis by Derrick A. Jensen, who remains Chief Financial Officer of the Company. Prior to joining Quanta, Mr. Nobel, 53, served as interim Chief Financial Officer of Lilis Energy, Inc., an exploration and development company operating in Texas and New Mexico, from February 2020 to July 2020, where he had primary responsibility for the financial reporting and treasury functions.

(e) On March 25, 2021, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (“Quanta”) adopted the 2021 annual incentive plan for all corporate employees, the 2021 long-term incentive plan for senior leadership and the 2021 discretionary plan for all employees (collectively, the “Incentive Plan”). Under the Incentive Plan, certain employees of the Company, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance stock units, and the Compensation Committee established specific target incentive amounts for the executive officers. All equity-based awards under the Incentive Plan will be made pursuant to the Quanta Services, Inc.

(b) As previously reported in a Current Report on Form 8-K filed by Quanta Services, Inc. (the “Company”) with the Securities and Exchange Commission on December 10, 2020, Jerry K. Lemon has resigned from his role as Chief Accounting Officer and principal accounting officer of the Company to pursue another career opportunity. Mr. Lemon’s resignation was not associated with or attributable to any disagreement with the Company or the Company’s independent auditor, including without limitation, any matter relating to the Company’s accounting principles or practices, financial statement disclosures, internal controls, management or operations. His resignation was effective as of March 12, 2021. (c) As of March 12, 2021, Derrick A. Jensen, who currently serves as Chief Financial Officer of the Company, assumed the role of principal accounting officer of the Company. Mr.

(b) On January 6, 2021, J. Michal Conaway, a member of the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company”), notified the Company that he would retire from service on the Board, and not stand for re-election, when his current term expires at the Company’s 2021 annual meeting of stockholders (the “Annual Meeting”) to be held in May 2021. Mr. Conaway will continue to serve as a director and as a member of the Board’s Governance and Nominating Committee and Investment Committee until the Annual Meeting. Mr. Conaway’s decision to retire and not stand for re-election was not associated with or attributable to any dispute or disagreement with the Company, its management or the Board on any matter relating to the Company’s operations, policies or practices or otherwise. Following Mr.

(b) On December 4, 2020, Quanta Services, Inc. (the “Company”) received notice that Jerry K. Lemon would be resigning from his role as Chief Accounting Officer and principal accounting officer of the Company to pursue another career opportunity. Mr. Lemon’s resignation is anticipated to be effective as of March 15, 2021, after completion of the Company’s financial reporting cycle for fiscal year 2020, and he will remain in his position and continue to serve as the Company’s principal accounting officer until such date. Mr. Lemon’s resignation was not associated with or attributable to any disagreement with the Company or the Company’s independent auditor, including without limitation, any matter relating to the Company’s accounting principles or practices, financial statement disclosures, internal controls, management or operations.

(e) On March 26, 2020, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (“Quanta”) adopted the 2020 annual incentive plan for all corporate employees, the 2020 long-term incentive plan for senior leadership and the 2020 discretionary plan for all employees (collectively, the “Incentive Plan”). Under the Incentive Plan, certain employees of the Company, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance stock units, and the Compensation Committee established specific target incentive amounts for the executive officers. All equity-based awards under the Incentive Plan will be made pursuant to the Quanta Services, Inc.

(d) On October 7, 2019, pursuant to the authority granted to the Board of Directors (the “ Board ”) of Quanta Services, Inc. (the “ Company ”) by the Bylaws of the Company, as amended and restated, the Board approved an increase in the size of the Board from nine to ten directors and, upon the recommendation of the Governance and Nominating Committee of the Board, appointed Martha B. Wyrsch to serve as a director, filling the new position. Ms. Wyrsch will serve as a director until the Company’s next annual meeting of stockholders or until her earlier resignation or removal or when a successor is duly elected and qualified. Ms. Wyrsch has not been appointed to any Board committees. Ms.

(b) Effective as of July 31, 2019, Jesse E. Morris resigned from his roles as Executive Vice President – Finance and President – Infrastructure Solutions of Quanta Services, Inc. (“Quanta”). Mr. Morris previously notified Quanta of his intention to resign to pursue another career opportunity, which Quanta disclosed in a Current Report on Form 8-K filed on May 24, 2019.

(b) On May 22, 2019, Quanta Services, Inc. (the “Company” or “Quanta”) received notice that Jesse E. Morris would be resigning from his roles as Executive Vice President – Finance and President – Infrastructure Solutions of Quanta to pursue another career opportunity. Mr. Morris’s resignation was not associated with or attributable to any disagreement with the Company, including without limitation, any matter relating to the Company’s operations, policies or practices. (e) Incentive Plan . On May 23, 2019, at the 2019 Annual Meeting of Stockholders of Quanta Services, Inc., Quanta’s stockholders approved the Quanta Services, Inc. 2019 Omnibus Equity Incentive Plan (the “2019 Omnibus Plan”). Quanta’s Board of Directors (the “Board”) previously adopted and approved the 2019 Omnibus Plan on March 21, 2019, subject to stockholder approval.

(e) On March 8, 2019, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company”) adopted the 2019 annual incentive plan for all corporate employees, the 2019 long-term incentive plan for senior leadership and the 2019 discretionary plan for all employees (collectively, the “Incentive Plan”). Under the Incentive Plan, certain employees of the Company, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance units, and the Compensation Committee established specific target incentive amounts for the executive officers. All equity-based awards under the Incentive Plan will be made pursuant to the Quanta Services, Inc.

(e) On May 24, 2018, at the 2018 Annual Meeting of Stockholders of Quanta Services, Inc. (the “Company” or “Quanta”), Quanta’s stockholders approved Amendment No. 3 (the “Amendment”) to Quanta’s 2011 Omnibus Equity Incentive Plan (the “Omnibus Plan”), which increased the number of shares of Quanta Common Stock that may be issued thereunder by 1,550,000 shares, clarified the definition of a change in control used in the Omnibus Plan and restricted permitted transfers of awards. The foregoing description of the Amendment is qualified in its entirety by reference to the complete text of the Amendment and the Omnibus Plan, as amended, copies of which are included as exhibits to this Current Report on Form 8-K and are incorporated herein by reference.

On March 15, 2018, Quanta Services, Inc. (“Quanta”) received notice that Randall C. Wisenbaker would be resigning from his role as Executive Vice President – Operations of Quanta. Mr. Wisenbaker will remain with Quanta through March 30, 2018.

(e) On February 27, 2018, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company”) adopted the 2018 annual incentive plan for all corporate employees, the 2018 long-term incentive plan for senior leadership and the 2018 discretionary plan for all employees (collectively, the “Incentive Plan”). Under the Incentive Plan, certain employees of the Company, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units and/or performance units, and the Compensation Committee, based on recommendations of management, established specific target incentive amounts for the executive officers. All equity-based awards under the Incentive Plan will be made pursuant to the Quanta Services, Inc.

Approval of Compensatory Arrangement (e) On May 23, 2017, the Compensation Committee (the “Compensation Committee”) of the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company” or “Quanta”) adopted the 2017 annual incentive plan for all corporate employees, the 2017 long-term incentive plan for senior leadership and the 2017 discretionary plan for all employees (collectively, the “Incentive Plan”). Under the Incentive Plan, certain employees of the Company, including all executive officers, are eligible to receive incentive compensation awards payable in cash, restricted stock units (“RSUs”) and/or performance units, and the Compensation Committee, based on recommendations of management, established specific target incentive amounts for the executive officers. All equity-based awards under the Incentive Plan will be made pursuant to the Quanta Services, Inc.

(e) As previously announced, on March 14, 2016, the Board of Directors (the “Board”) of Quanta Services, Inc. (the “Company”) named Earl C. (Duke) Austin, Jr. president and chief executive officer of the Company. In connection with Mr. Austin’s new roles and responsibilities, the Compensation Committee of the Board approved and the Company entered into a new Employment Agreement with Mr. Austin on September 1, 2016, but effective as of March 14, 2016 (the “Agreement”). The Agreement supersedes the existing employment agreement between the Company and Mr. Austin. The Agreement has an initial term of two years from the effective date that will subsequently renew automatically for successive one-year terms unless the Company or Mr. Austin provides at least six months prior written notice of non-renewal. Pursuant to the Agreement, among other things, Mr.

On July 14, 2016, Quanta Services, Inc. (“Quanta” or the “Company”) received notice that Steven J. Kemps would be resigning from his role as Executive Vice President and General Counsel of the Company to assume a similar position as Executive Vice President and General Counsel of another publicly traded company in the financial services industry. Mr. Kemps will remain with Quanta through August 31, 2016 to ensure a seamless transition.

Director or officer change (Item 5.02). Open the filing for details.

Director or officer change (Item 5.02). Open the filing for details.

Director or officer change (Item 5.02). Open the filing for details.